It’s information overload everywhere, and there’s not enough time to sleep and eat and be fully informed of what’s going on in this crazy blue dot of ours (two out of three isn’t bad). Here’s the Sports Handle feature from the weekend, “Get a Grip,” summing up the best of the week. usa sports betting headlines, highlighting some recent news and rounding up key stories.
Top news from our network this week
The biggest news in the sports betting industry last year was undoubtedly New York’s arrival as the largest state to implement mobile betting, generating much more cash and tax revenue than anyone thought possible. One of the biggest stories of 2023 could well be several changes to the Empire State’s gambling laws to increase the number of digital sportsbooks, lower their tax rate, and add online casino and poker gaming to what’s allowed. .
Those forms of expansion were proposed this week as bills already filed or legislation still being drafted in Albany, and the changes were initiated by the same two lawmakers, Sen. Joe Addabbo and Assemblyman J. Gary Pretlow, who fought for years to legalize mobile sports betting. Just because the couple is introducing the measures doesn’t guarantee that anything will be voted on or signed into law, but the influential roles Addabbo and Pretlow played in the state Capitol suggest the issues will at least be seriously discussed.
Problem gambling is sure to be high on the minds of many New Yorkers this year as a result of plans to license three casinos in the New York City area, with heavy jockeying among influential developers for the rights to do so. It will be very interesting to follow how that discussion plays out along with the debate about more sports betting and the expansion of iGaming. we in sports handle and our network of other sites will closely follow developments, as with all the other topics covered in the stories below from last week.
Massachusetts closer every day
Six digital operators obtained temporary sports betting licenses in Massachusetts
The Massachusetts Gaming Commission approves a series of sports betting regulations
Massachusetts Gaming Commission Curious About Sports Books Limiting Customers
Massachusetts gaming regulator pleased with PointsBet mobile app
Modern tools aim to keep hackers out.
Fight against fraud: High-tech solutions help sportsbooks react to major data breaches
More from the when-bettors-go-bad file
Dayton Basketball Players Get Hate Online From Angry Players
When in doubt, ask Jay
Ask a bookie with Jay Kornegay: About that crazy Chargers (and Ohio) bet
The great trifecta: sports, TV and betting
Media Notebook: NFL Playoff Ratings Propped Up by Sports Bettors?
Caesars takes his punishment
Caesars Sportsbook accepts $150,000 fine from Ohio commission
Diversity remains Maryland’s priority
Maryland gambling commission approves 10 diversity plans for licensees
Finally, Betfred gets its day in Nevada
Nevada gambling board finally prepares to consider Betfred’s sports betting application
Never hit a woman, unless you are a woman
DraftKings debuts betting on women’s wrestling league
Eureka, the money keeps coming
New Jersey caps 2022 with $1.06 billion in December handling
December record takes PA gaming revenue to a high of $5.2 billion in 2022
FanDuel takes two-fifths of all bets in PA and claims more than half of all revenue
Michigan directed $365 million in gambling taxes to schools in fiscal year 2022
Louisiana sportsbook revenue hits record $37.2 million in 2022
Fans allegedly interested in betPARX
Fanatics is looking to give sports betting a big boost this year, though it hasn’t released details of exactly how it will do so. CNBC may have the answer, as it reported on Friday, according to information from unidentified sources, that Fanatics is in talks to acquire digital sportsbook operation betPARX.
CNBC reported that while the deal is not certain to be completed, Fanatics has signed a letter of intent to buy the sportsbook owned by Greenwood Gaming & Entertainment, which operates Parx Casino in suburban Philadelphia. Sportsbook betPARX originated in 2019 in Pennsylvania, where it shares an online casino platform, but has since expanded to other legal states, including New Jersey, Michigan, Maryland, and Ohio, with its upcoming entry in Massachusetts.
BetPARX has been a relatively small player in the highly competitive states in which it operates (it has around a 2% market share in its home state of Pennsylvania), but the better-known Fanatics brand could be more competitive, and executives from the sports marketer may consider it advantageous to take over a sports book that is already operating in several states.
More of the most important and interesting stories.
THIS YEAR’S GAME AT GLENDALE IS JUST A WARM-UP: The Super Bowl is in a bet state for the first time: Las Vegas is watching [The Nevada Independent]
NOW THAT IT’S RESOLVED…: Former Georgia Chief Justice: Sports Betting Does Not Require Constitutional Amendment [The Atlanta Journal-Constitution]
WE BET THEY WOULD CHANGE THEIR MIND: Ontario regulator reinstates betting on UFC after organization renews gambling policy [Canada Sports Betting]
NEW at CSB: UFC is back on the betting menu in Ontario! This is thanks to new regulations within the sport that allay fears of the risk of match-fixing. Here it is @GregwarrenBC with everything you need to know. https://t.co/lnHXwdSZZo
— CanadaSportsBetting.ca (@CANSportbetting) January 19, 2023
THAT DID NOT LAST LONG: CU Boulder discontinues controversial sports betting incentive [CU Independent]
THINGS ARE COOLER IN MEXICO, IRONICALLY: Coolbet brings sports betting and iGaming offer to Mexico [SBC Americas]
SURVIVAL OF THE BETTING FITTEST: “I was definitely very lucky.” Circa Survivor winners tell a $6.1 million story[[[[Las Vegas Review Magazine